Laserfiche WebLink
-8- <br /> on the first day of , 19 , together with interest <br /> thereon from the date hereof until paid at the rate of <br /> percent ( �) per annum (such interest to be <br /> camputed on the basis of a 360-day year, consisting of twelve 30-day <br /> months ) , payable on January 1, 1983 and semiannually thereafter on <br /> the first days of July and January in each year. Interest due on <br /> or prior to maturity is payable only on presentation and surrender <br /> of the interest coupons hereto attached as they severally mature. <br /> Both principal of and interest upon this bond are payable <br /> in lawful mo ney of the United States of America at the principal <br /> ofPice of The First National Bank of Chicago, in the City of Chicago, <br /> Illinois. <br /> For the prompt payment of this bond, both principal and <br /> interest, as aforesaid, as the same becomes due, and for the levy <br /> of taxes suPPicient for that purpose, the full faith, credit and <br /> resources of said City of Decatur are hereby irrevocably pledged. - <br /> This bond is one of a series of bonds aggregating the <br /> principal sum of Ten Million Seven Hundred Fifty Thousand Dollars <br /> ($10 ,750 ,000), oP like date, tenor and effect except as to maturity, <br /> interest rate and option of redemption, and of said bonds, the bonds <br /> maturing on or after January 1, 1998, shall be sub�ect to redemption <br /> and payment prior to their maturity at the option of the City, in <br /> whole or in part, but if in part in the inverse order of their <br /> maturity and by lot within a ma.turity, on any interest payment <br /> date on or after January 1, 1997, at the price of par and accrued <br /> interest to the date of redemption. <br /> , r <br /> I <br />